Cha KeeporDrop X n NWP Assessment Player UIA; X n Dashboard X l + v _ / 27 'E 3 View Policies Current Attempt in Progress Blossom, Inc. operates three divisions, Weak, Average, and Strong. As it turns out, the Weak division has the lowest operating income, and the president wants to close it. \"Survival of the ttest, I say!" was his response when the Weak division's manager, insisted James, that his division earned money for the company. Following is the most recent nancial analysis for each division: Weak Average Strong Sales revenue $125,000 $445,000 $500,000 Variable expenses 50,000 245,000 300,000 Contribution margin 75,000 200,000 200,000 Direct expenses 30,000 75,000 110,000 Allocated expenses 67,000 67,000 67,000 Operating income $(22,000) $58,000 $23,000 (:1) Prepare a revised income statement showing the segment margin for each division' Weak Average Strong WP Ch8 Keep or Drop X WP NWP Assessment Player UI Apj X Dashboard X + a education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=7852fde2-697b-450e-8c44-ea5b4d21fa95#/question/1 Ch8 Keep or Drop Question 2 of 3 - /275 ... (a) Prepare a revised income statement showing the segment margin for each division. Weak Average Strong $ $ $ $ $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit